JD Norman acquires Len Industries, Inc.

News Release

Addison, Illinois - Diversified metal component manufacturer JD Norman Industries, Inc. today announced that it has acquired the assets of Len Industries, Inc., a leading provider of precision machined components. Len Industries operates three plants in Leslie, Mich. and serves customers within the automotive and industrial markets. Terms of the transaction were not disclosed.

"The acquisition of Len Industries will serve as a key strategic advancement for JD Norman," said Justin D. Norman, president and chief executive officer, JD Norman Industries, Inc. "Len Industries' product category of machined components will be added to our current product categories of stampings, fourslide components, coiled springs and value-added assemblies. The overlap of customers and industries served between JD Norman and Len Industries will allow for a successful integration of the two organizations."

JD Norman's business model entails four key aspects: engineering focus, product diversity, integrated business units and geographic reach. The company believes that the acquisition of Len Industries achieves each aspect of this business model and will allow for a greater offering to its customer base.

"It is JD Norman's intention to integrate Len Industries into our overall corporate umbrella and to continue to operate the three plants in Leslie, Michigan," explained Norman. "The talented and dedicated staff of Len Industries will be a great addition to the JD Norman organization."

About JD Norman Industries, Inc.JD Norman Industries, Inc. is a diversified manufacture of metal components and systems with operations in the United States and Mexico. JD Norman is a leader in the manufacturing of stampings, wire forms, machined components, coiled springs and value-added assemblies.